Case Study: Leading Global Financial Services Organization achieves $5M annual savings and 50% reduction in onboarding time with Axway AMPLIFY Managed File Transfer

Global financial services organization unifies and streamlines file exchange to up its competitive game

A leading global financial services organization headquartered in the United States—serving millions of consumers, small businesses and large institutional clients—faced rising operational costs, missed SLAs, poor customer experience, complex processes, revenue delays, long partner/customer onboarding times, compliance risk, and limited visibility into data flows. These issues threatened competitiveness and prompted the bank to prioritize modernization as one of its top strategic projects.

The bank implemented the API‑powered Axway AMPLIFY Managed File Transfer (MFT) as a service to enable self‑service file transmissions, track-and-trace visibility, streamlined certificate/contact management and partner lifecycle processes. The initiative delivered immediate business impact: a 14% reduction in operational resources, 70% lower migration time and cost, $5M in annual operational savings (with projected future savings of $10M) and a 50% reduction in onboarding time—improving customer experience and lowering total cost of ownership.